The Reds wouldn’t have picked it up anyway, so right-hander Ryan Madson beat the team to the punch on Wednesday night and declined his half of an $11 million mutual option for the 2013 season.
This according to Jon Heyman of CBS Sports.
Madson gets a hefty $2.5 million buyout and will officially become a free agent this Saturday.
The 32-year-old missed the entire 2012 season following Tommy John reconstructive elbow surgery, but he began throwing recently and is hoping to be completely recovered by the start of spring training.
Madson registered a 2.37 ERA, 1.15 WHIP and 62/16 K/BB ratio across 60 2/3 innings for the Phillies in 2011 while converting 32-of-34 save chances. He boasts a 2.89 ERA in 329-plus innings since the start of 2007.
The Reds have interest in re-signing him, though they probably won’t offer him the opportunity to close.
The Dodgers have pulled off their first blockbuster trade of the offseason, sending Brandon McCarthy, Scott Kazmir, Charlie Culberson, Adrian Gonzalez and cash considerations to the Braves for Matt Kemp, per announcements from both teams. The Braves are set to designate Gonzalez for assignment on Monday, making him a free agent.
Kemp, 33, had a down year with the Braves in 2017, hitting a career-low -0.5 fWAR in 115 games with the club. At the plate, he slashed a modest .276/.318/.463 with 19 home runs and a .781 OPS through 467 plate appearances, but was hampered by a nagging left hamstring strain through most of the season. This will be his 10th campaign with the Dodgers.
Whether or not Kemp can rebound during his second stint in Los Angeles is almost beside the point, however. The deal is effectively a salary dump to end all salary dumps. Offloading multiple one-year contracts for McCarthy, Kazmir and Gonzalez should bring the Dodgers back under the $197 million luxury tax threshold and position them to make a run at some of the big fish in next year’s free agent pool. It’s also worth noting that they may not keep Kemp around for long — per Ken Gurnick of MLB.com, the club appears as likely to flip the veteran outfielder as they are to use him. As for the Braves, they not only rid themselves of the $43 million due Kemp through 2020, but added some rotation and infield depth with McCarthy and Culberson and can now give top prospect Ronald Acuna a legitimate tryout in left field.